Republican Whitman Launches 2010 Bid For Governor

Former eBay chief executive Meg Whitman officially submitted her bid to run for governor on Monday. The move by the billionaire businesswoman – establishment of an "exploratory" committee – likely sets up what's expected to be an expensive 17-month auction between herself and Insurance Commissioner Steve Poizner in the 2010 Republican primary. Whitman is pitching herself as a financial expert in tough economic times. "California faces challenges unlike any other time in its history – a weak and faltering economy, massive job losses, and an exploding state budget deficit," Whitman said in a statement.

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